Company Registration No. 13104314 (England and Wales)
Trabucco Limited
Unaudited accounts
for the year ended 31 December 2024
Trabucco Limited
Unaudited accounts
Contents
Trabucco Limited
Company Information
for the year ended 31 December 2024
Company Number
13104314 (England and Wales)
Registered Office
Churchill House
137-139 Brent Street
London
NW4 4DJ
Accountants
Clearfin Accountants Limited
Churchill House
137-139 Brent Street
London
NW4 4DJ
Trabucco Limited
Statement of financial position
as at 31 December 2024
Tangible assets
30,759
36,187
Investment property
239,642
174,196
Cash at bank and in hand
11,221
187,000
Creditors: amounts falling due within one year
(324,548)
(257,661)
Net current liabilities
(137,363)
(66,312)
Net assets
147,657
146,223
Called up share capital
162,100
162,100
Profit and loss account
(14,443)
(15,877)
Shareholders' funds
147,657
146,223
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 September 2025 and were signed on its behalf by
M Agostinelli
Director
Company Registration No. 13104314
Trabucco Limited
Notes to the Accounts
for the year ended 31 December 2024
Trabucco Limited is a private company, limited by shares, registered in England and Wales, registration number 13104314. The registered office is Churchill House, 137-139 Brent Street, London, NW4 4DJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
15% on reducing value
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The financial statements have been prepared on a going concern basis as the director is satisfied that the company will have adequate resources to meet its liabilities to third parties as they fall due. The director expects an upturn in future trade that would improve the company's profitability. He has also expressed a willingness to support the company.
Trabucco Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Motor vehicles
At 31 December 2024
57,702
At 31 December 2024
26,943
At 31 December 2024
30,759
At 31 December 2023
36,187
Fair value at 1 January 2024
174,196
At 31 December 2024
239,642
The investment property was valued by the director, on an open-market for existing use basis.
6
Investments
Other investments
Valuation at 1 January 2024
2,152
Valuation at 31 December 2024
14,619
Amounts falling due within one year
Other debtors
175,964
4,349
8
Creditors: amounts falling due within one year
2024
2023
Loans from directors
324,548
257,661
9
Transactions with related parties
Included within creditors is a balance of £324,548 (2023: £257,661) due to a director of the company.
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).